£315,908
This estimated value is based upon the latest sale price for the house of £310,000 on 14 Apr 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Park Road
More crime details
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178 Marlowes, Hemel Hempstead, HP1 1BH
Phone: 01442493704
| Price Paid | Date |
|---|---|
| £310,000 | 14 Apr 2023 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in April 2023 the House Price Index for HERTFORDSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £310,000 results in an estimated price of approximately £315,908.
| 14 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £310,000 | £5,908 | £315,908 |
The Postcode Pricing Model uses changes in average sales price within the HP1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -12.815 % | £-39,726 | £270,273 |
| 3 Month Average | -8.530 % | £-26,441 | £283,558 |
| 6 Month Average | 3.439 % | £10,661 | £320,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £20,465 | £20,000 | 9 CHARLES STREET |
| 4 Sep 2023 | £236,207 | £231,000 | 3 SOUTHVILLE, 9 CHARLES STREET |
| 14 Apr 2023 | £315,909 | £310,000 | 160E COTTERELLS |
| 1 Sep 2022 | £694,536 | £695,000 | 22 PARK ROAD |
| 30 Aug 2022 | £632,960 | £630,000 | 13 PARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Park Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |